|
<br />~~~Xt;''''
<br />~Cl~r,:0!a\
<br />(S ~-,;;~,.- -~~~\
<br />I I
<br />\...... _ 7: ".... 1/
<br />~~_P~t~::;/
<br />4___--"'"
<br />
<br />City of San Leandro
<br />
<br />Quarterly Performance Report
<br />
<br />Ending March 31,2007
<br />
<br /> REAL PROPERTY TRANSFER TAX I Real Property Transfer Tax Revenue
<br />Month 2004-05 2005-1)6 2006-07
<br />Jut $ 418,404 $ 560,253 $ 405,025 {J $1,100
<br />Aug 438,590 531,329 362,772 c $1,000
<br /> nJ
<br />Sep 426,383 580,422 370,184 ~ $900
<br />Oct 431,079 608,794 369,604 .c
<br /> I- $800
<br />Nav 524,970 363,491 380,964
<br />Dee 475,889 1,033,452 413,930 $700
<br />Ian 735,968 556,476 341,223 $600
<br />Fcb 596,044 401,813 574,831 $500
<br />Mar 581,716 457,556 438,019 $400
<br />9 mo. YTD $ 4,629,043 $ 5,093,586 $ 3,656,552 $300
<br />Apr 533,627 553,981 $200
<br />May 363,202 368,714 ~. ~ c?q O?;-~o.;. Q<6'. )~ . ~OP ~~ .p: ~1J. ).::><:-0
<br />June 664,831 556,641
<br />Total $ 6,190,703 $ 6,572,922 $ 3,656,552 - - . - - 2004-05 --2005-06 -- 2003-07
<br />
<br />
<br />. Related to the discussion on property taxes, vehicle license fee revenues primarily reflect the
<br />permanent reduction of the fee from 2% to 0.65% by the State. The loss of this revenue source has
<br />been replaced by an equal amount of property tax, which now increases at the rate of property
<br />assessed valuation growth July 2005 reflects early repayment the 2003 -04 VLF loan borrowed by the
<br />State.
<br />
<br /> VEIDCLE liCENSE FEES Vehicle License Fee Revenue
<br />Month 2004-05 2005-06 2006-07
<br />Jul $ 1,410,035 $ 44,077
<br />Aug 96,779 19,482 59,019
<br />Sep 105,883 85,155 88,968
<br />Oct 22,140 35,460 62,202
<br />Nay 81,407 38,226 42,944
<br />Dee 16,596 19,988 18,343
<br />Jan 37,473 42,025 33,975
<br />Feb 26,611 45,671 51,379
<br />Mar 8,364 12,915 20,034
<br />9 mo. YTD $ 395,253 $ 1,708,957 $ 420,941
<br />Apr 46.764 58,724 Jul AugSep Oct r'bv cec Mar Apr May June
<br />May 33,002 46,545
<br />June 21,902 49,960 - - . . - 2004-05 __ 2005-00 --2006-07
<br />Total $ 496,921 $ 1,864,186 $ 420,941
<br />
<br />
<br />
<br />GENERAL FUND EXPENDITURES
<br />. At the end of third quarter, overall expenditures are approximately $2.2 million under budget or
<br />72.1 % of the annual budget.
<br />. The vacancy for the third School Resource Ot1icer was during the third quarter 2007
<br />. Finance initiated a new program to recover processing costs for Dill arrests and to seek damage
<br />collection made to City property. The program is self-funded with additional part-time hours.
<br />. Fire Department expenditures reflect the January 2007 contract payment made in December 2006.
<br />. The Main Library re-opened on Sunday's beginning January 2007 from 12:00pm to 4:00pm.
<br />. The newly renovated Washington Manor Branch Library was re-opened to the community in
<br />February 2007
<br />
<br />8
<br />
|